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for the president or could a fiscal cliff deal on top of re-election get him any political capital to flex some political muscle? >> well, i hope it was the latter. i was at the white house when the republicans took down clinton's nominee. i watched as they took down senator tower who was to become the republican secretary of defense. both parties do this unfortunately after an election. the losing party almost seeming to want some sort of sacrificial lam out there. i hope this, that what this nation most wants is to have trust once again in washington, d.c. it's a part of the program down in washington that doesn't seem to be there. while i have great respect for senator mccain who threatened to filly buster this. i couldn't have done what he did as a prisoner of war. as a fellow naval officer. i would ask him accountability for the overall public good not the party. i hope that unless he can show with firmness that there is a fact, there is some sort of issue out there that really isn't a political assertion, a partisan issue, that he is an american before he is a partisan. let's move on. ame
'hanlon and jonathan landay. >>> elections have consequences, i say it all the time. and the democrats are feeling emboldened. they want to see taxes go up on the rich. they want to protect programs like medicare and medicaid. will they give president obama room to negotiate some kind of deal that gets through this hell coming january 1st. they say they won, the other side lost, they're going to fight. >>> plus democrats are moving to end the so-called silent filibuster which republicans have used to quietly say if you don't have 60 votes, you ain't going nowhere. this is the big question, if they're successful, it's possible, it's possible the democrats will be able to get some things done. we'll talk about that in a minute. they're going to be just like jimmy stewart finally. they're going to force them to actually filibuster like they did in "mr. smith goes to washington." anytime they really want to shut down the senate. >>> and the democrats considered least likely to win back her senate seat beats the odds, and i think thanks to todd akin, and is back for a second term. our friend, the great
the military offensive in gaz a. this is weeks before the general election. he wants to focus on his personal life. there is more to this story i think. angry workers and a fire in bangladesh. many workers were trapped in the building because of no emergency exits. some of the clothes were made for walmart and sears and clothing line of sean puppy combs. shellie moore catit po will announce her cand date for u.s. senate. she is a pro choice republican and she is a test of the gop's ability to expand the appeal to voters, the congresswoman will run for democrat jay rockefeller's seat. the senator is not saying if he will run again in 2014. it is an exciting day today. shoppers will be pounding the keyboards and not the pavement looking for on line bargains. this year's cyber monday will be a big success with americans expected to spend 1. 5 billion bucks up 20 percent from last year. i saw the deals last night. buy one and 60 percent off on the other. it is enticing. >> brian: deals are for real. and today's on line . happy to see the retailers busy over the weekend. talking about the fiscal c
're really going to draw the line and say, we're not going to reopen that debate. we won the election, so sorry, john. that said, there are specific programs in there that might be part of the spending negotiations that take place. >> you know, kristen, politically speaking, doesn't this add another wrinkle to an already difficult negotiation process ahead? >> i think it absolutely does. i think to some extent speaker boehner might be sending a message to republicans in his conference, making the point that, look, just because the president won the election we're not going to roll over on all of the issues that we care about. it's hard to see he has a whole lot of leverage on this issue. you heard speaker boehner tone down his rhetoric after the supreme court ruled it was in fact constitutional. and now president obama has won reelection. the president, the white house, democrats on the hill are saying this issue is a nonstarter. it's hard to see where he finds leverage on this issue. unless he tries to go for some of the smaller issues like medicaid spending. but i think this is going to
situation is different. >> i'm not obligated on the pledge. i made tennesseans aware, i was just elected, that the only thing i'm monitoring is the oath that i take when i serve when i'm sworn in this january. >> reporter: gop lawmakers bluntly stating to alert the fiscal cliff, they're ready to break from grover norquist and the pledge he's got most republicans to sign to never raise taxes. norquist waste nod time hitting back on cnn's s"starting point" >> it doesn't pass the laugh test. if you want to go to your voters and say, i promised you this and i'm breaking that problem, you can have that conversation with them. but you don't have an argument with me. you've made a commitment to your voters. >> reporter: the question, will more republicans rebel against the pledge? republican and democratic aides tell cnn despite the compromising talk it won't have much impact at all on the fiscal cliff negotiations. there's little evidence of progress from staff level talks over the thanksgiving break and no hints from senate leaders just back in town. >> the senate has spoken and president oba
. >> morgan freeman pointing out why he's behind what voters in three states did on election day. >>> and your $2 could be worth 425 million bucks. power ball reaching a new record. let's dream the dream together, shall we? shall we? "newsroom" starts now. -- captions by vitac -- www.vitac.com >>> good morning to you. thank you so much for being with me on this monday morning. i'm carol costello. we begin with the so-called fiscal cliff. 36 days from the crisis. new signs of just how concerned lawmakers really are. more republican lawmakers now say they will work toward a compromise, even if they have to break a promise not to raise taxes. that promise, that pledge, the brain child of anti-tax activist grover norquist, a long-time power broker in the gop. but the vote faced its first test last week when senator saxby chambliss said he was ready to break the promise. congressman king -- now senator lindsey graham has become the latest republican to say he would violate the pledge if democrats also showed willingness to rein in the nation's debt. >> i want to buy down debt and cut rates to creat
our nation's massive debt challenge. >>> a special election following jesse jackson jr.'s resignation from congress. jackson says he needs to spend time, quote, restoring my health. jackson mysteriously disappeared from capitol hill in may and his office later revealed he was dealing with depression and had been diagnosed with bipolar disorder. health concerns aren't the only thing jackson is facing, though. ted rowlands is in chicago. good morning, ted. >> reporter: good morning, carol. yeah. well, the health concerns are significant. he had two stints at the mayo clinic. talking to family members, that was the main reason why he just couldn't move forward. and he gave his letter of resignation to john boehner yesterday. in that letter, though, for the first time -- this is what you were alluding to, carol, he did acknowledge he knows he is the subject of a federal investigation for possible misuse of campaign funds. and in that letter at one point he said talking about that, i'm doing my best to address the situation responsibly, cooperate with the investigators and accept responsib
suspicions he illegally accepted donations from france's richest woman to fund his 2007 election. he denies the allegations. >>> and the national park service says the statue of liberty, ellis island, both will not reopen to visit thers year. those sites have been closed for cleanup and repairs since superstorm sandy hit last month. >> right now as we prepare to gather around our din kerr tables, there are families in the northeast who don't have that luxury. many of them have lost everything to hurricane sandy; homes, possessions, even loved ones. and it will be a long time before life gets back to normal for them. but in the midst of so much tragedy, there are also glimmers of hope. ainsley: that's president obama in his thanksgiving address pointing to the hardships and the hope for so many individuals. their lives forever changed by the storm sandy as they begin that long road of recovery. anna coyman is live from far rockaway in queens right here in new york. anna, how are those folks rebuilding and celebrating today? >> reporter: well, hey there, ainsley, happy thanksgiving to you and
in the traditional pardon for the official white house thanksgiving turkey. after the president's re-election, he joked that life is all about second chances, and this november, "i couldn't agree more." >>> in a new study out, sweden suggests that teens and adults with attention deficit disorder are four to seven times more likely that be others to break the law. the study published in the new england journal of medicine also found that the use of adhd medication into adulthood might also help curb crime. >>> markets left off on a high note before closing for today's holiday. the dow close at the 12,836 after gaining 48 points. the s&p was up three and the nasdaq added nine. >>> heading overseas now, the nikkei shot up 144 points, while the hang seng climbed 218. >>> hostess has made their last twinkies and loaves of wonder bread. the company whose products date back to the late 1800s has received permission to sell off its brands putting more than 18,000 workers in the unemployment line on thanksgiving eve. >>> on a brighter note, home improvement retailer lowe's handed out 22,000 thanksgiving d
in turmoil tonight. the violence, a reaction to egypt's first democratically elected leader, mohamed morsi, declaring all his presidential decisions are exempt from appeal or review by law makers or the courts. protesters torching a muslim brother office in alexandria and mohamed elle bar are detweeting, he appointed himself egypt's new f farrow. >> just months ago, morsi was obscure before being elected in may, shooting to international prominence this week by brokers the hamas/israel cease-fire. solidifying himself as a key u.s. al li. >> i want to thank president morsi for his personal leadership to deescalate the situation in gaza and end the violence. >> it put the united states in an awkward situation to have to criticize a partner that it is clearly now has to rely on in the region. >> reporter: now, the state department says this is an issue of international concern. but morsi is saying this is only temporary, that he will relinquish those powers once the constitution is completed. but he's extended the deadline for that until late february. david? >> matt gutman in tel aviv tonigh
. remember how quickly he threw away his 70% approval rating from the 2008 election, when he went with the spend, spend, spend approach. he's now walking in with a 50-plus percent approval rating and going for tax and spends, tax and spend. i think he'll find his approval, begin to continue its way down from where it was when he first ran. and secondly, the republicans won the house of representatives, and they won it after redistricting, which means they're all running in the same districts for ten years, so, that republican majority is here for a long time and it's fairly comfortable, they're not going to be pushed back or bullied around. the president's gone in four years, the republican house is there for ten, and they all won, having voted for and debated and discussed and explained, the ryan plan, which is entitlement reform and tax reform. it is a tougher house than we've ever had capable. >> grover, i'm looking at your picture in the new york times of all places, your picture is in the new york times yesterday, saying-- i can't hold it up because, it's there. okay? there h
: this is disconcerting once again. instid of members that we elect to congress to get things done for us. they can't sit in the room for a photoop and now back out on the campaign trial and people making youtube videos about what they think about the fiscal cliff. that's what the administration is asking people to do to convince members of congress to vote. what about saving that time and actually doing the job we elected you to do to sit in the room and get something done. >> steve: according to the president's side. he learned a valuable lesson in the summer of 2011 when they tried to get a grand bargain with john boehner. he will negotiate with the congress. we'll go out campaign style. it never ends . gretch mentioned twitter, they have launchhed a hash tag my 2 k to get people to explain how it impacts them. it is turning out to be a dud. >> brian: two things to be noted. dick durbin gave the encouraging quote. everything should be on the table. we have to get ourselves out of i had to read it three times because he is number two ranking democrat. and i read behind the scenes, it is a disaster in t
, in a statement says, elected officials from both parties need to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, not cuts. on the other side, conservatives say it's not a game changer because from unions, this is really nothing new. >> the fact they are publicly saying what they have been privately saying is helpful the american people understand where obama's intransigence comes from, but nothing's changed. >> they negotiated details this week of the grand fiscal cliff compromise that democrats and republicans hope to reach. lawmakers back in town neex week, and there's a meeting loosely scheduled in the white house against top democrats and republicans in congress with president obama. dagen? dagen: thank you so much, happy thanksgiving, my man. down in washington, d.c., but here in studio with my, monica crowely, author of "what the bleep just happened?" how do they have influence over the white house and represent in terms of the private job market a tiny sliver of employees in the country? >> it really is inc
and that has been consistent throughout this election season. i'm bullish. i don't know if it's the turkey or the drink or the redskins victory yesterday affecting me here but i'm bullish that there will be a solution. you have three dynamics here at play. you have a president who is significantly stronger, i think, speaker boehner is stronger inside of his conference. you have republican governors, people like bill kristol who seem to be saying positive things, encouraging things on tax rates which provide a permission slip for republican legislators to be supportive. and then i think the tone inside of washington is markedly different than a year and a half ago on both sides. >> it can all come down to the wording, though, robert, and one of the sticking points remains revenue versus taxes. "the new york times" reports negotiators are looking heavily at the idea of making the wealthy pay more by eliminating their deductions. then you keep the rates the same. so is this a solution that might make everyone happy? democrats say they raise taxes on the wealthy. >> yes, that's exactly what ha
governments of unfunded liabilities just to the public employees. melissa: we just had an election. people do not believe that. lou: i do not understand. the election was not about unfunded liabilities. melissa: fundamentally about the size of government and people voted bigger. lou: i must have missed that. the republican party has grown government and assume advisers to government -- governor romney were the same as president bush. melissa: is seen as the boat to four obama was bigger government. lou: and the vote for mitt romney? i am saying the intellectual integrity of the moment acknowledging it is the size of government if we can't sustain them and the social safety net programs in perpetuity when we're trillions of dollars in debt and for doing so. melissa: how do drive that message home? nobody is getting it. >> a lot of people are. but they're not being honest. there in the democratic party and if they continue to refuse what is reality, and then a cliff is a small thing and embedded for decades. it is not a pleasant experience. melissa: i am not excited. [laughter] i hear you. meli
that election. she has been missing for two weeks and now her body has been found along a desolate road. the cause of death was a blow to the head. but her legs and hands were bound. she had been stabbed and there were clear signs of torture. this was the third time she was attacked by drug gangs. in 2009 she and her husband came under fire. she survived. her husband was killed. a year later a van she was riding in was riddled with 30 bullets, three of them struck her and the scars were so bad on her body she published the pictures to show how brutal the cartels were. she was the mother of three young children and that's why she pressed on saying and i'm quoting here, it is not possible for me to surrender when i have three children whom i have to educate by setting an example and she was a true example. the mexican authorities are investigating this murder but admittedly they solve very few if any murders by the cartels. since this drug war began in 2006, megyn, the death toll is above 50,000, including 24 mayors and 43 other elected representatives. megyn? megyn: unbelievable. unbelie
in the u.s. markets after the election on november 6th. we're back to -- >> we have a crack data team, don't we? we ask, they perform. thank you very much. >>> from california to florida, walmart workers have been staging protests at various locations across the country. but, is that keeping shoppers away? we'll go live to a walmart store in maryland for the latest action on that. >>> plus, we'll tell you six ways to find the best deals out there. all it takes is your fingers and a mobile device. >>> up next -- fiscal cliff getting closer and closer every single day. one member of our panel says there is no way the lawmakers will hash out a deal by the end of the year. what does that mean for stocks? stick around to find out. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no mat
of things going on in politics as ever. we had regional elections in spain. yields you can see slightly higher, but still well below 6%. now, these regional elections fairly important because we know catalonia has been pushing on on independence. now, it looks less likely we'll get that referendum, but not because people in catalonia are any less eager on a separatist movement. just that they didn't vote for the main guy who is proposing it. they voted for competitor party which is makes it slightly harder in the short term for them possibly to get a referendum going. so eases the pressure in the short term but means there is still a longer term problem there. catalonia is one of those regions that still has very large deficits, as well. so the politics in spain slightly skewed as they will be, but not so much pressure on rajoy at the moment. unlikely to ask for assistance in the short term. we also have another euro group meeting take, back in brussels, yes, i know, we seem to have one every week. they may come up with a long term financing deal for greece. finally talking about debt f
an election to replace congressman jesse jackson jr. jackson resigned yesterday two weeks after he was elected to a ninth term in congress. he cited his treatment for bipolar disorder and acknowledged a federal investigation into possible misuse of campaign funds. >>> millions of americans will travel today for their thanksgiving feast. many started yesterday. here in new york those trying to take a train out of penn station ran into switching problems. amtrak and two commuter railroads were shut town for more than an hour. for a lot of folks in the northeast trying to recover from hurricane sandy this will not be an easy holiday season. one neighborhood had a thanksgiving dinner thanks to the generosity of their neighbor. drew levinson reports. >> reporter: to norah white stands on her front porch looking at soggy piles of books and bags that once were in her basement. >> a little bit of this and that. that's what this is. >> reporter: she just got her power back and still has no heat. >> been tough. >> how do you stay warm in the house? >> blankets. blankets and more blankets. >> reporter: s
that the president was notified on the day of the election. clayton is here to guide you through the best black friday deals. >> you are a cool geek. >> black friday and saving hundreds of bucks stay tuned and grab your coffee. ♪ ♪ you better shop around. is what drives us to broadcast the world's biggest events in 3d, or live to your seat high above the atlantic ocean. it's what drives us to create eco-friendly race tracks, batteries that power tomorrow's cars, nearlyndestructible laptops, and the sustainable smart towns of the future. at panasonic, we're driven to make what matters most better. just another way we're engineering a better world for you. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. ser
, that in the weeks before the election, the obama administration tried to speed up the process of putting permanent rums in place when it comes to the unmanned drone strikes in case president obama did not win reelection. the new york times reports two officials were saying, so the new president would inherent new standards and procedures and jept and state department argued for more restraint. tragedy in bangladesh, a fire races through a garment factory killing at least 112 workers. many people were trapped at staircases gave way and there were no emergency exits. no word yet on the cause of this fire. this fire is reminiscent of devastating triangle shirt waist factory back in new york city in 1911 in which 146 garment workers were killed. and they started-- dave, what am i doing reading sports? >> go ahead, it's about gender and switching. >> alisyn: yeah. >> dave: and boys could have dolls and toys catalog and you can read a notre dame story. >> alisyn: you have to go with your strong suit. it's not about gender. >> dave: your daughters can play with the legos. >> alisyn: i'm going to do is ph
will stay on until a new government is sworn in after the elections. national elections in january. ehud barak is israel's most decorated soldier. he also served as prime minister. barak has been moderating influence with the united states and powers. his decision to quit politics comes at a time of uncertainty with israel. he has clashed publicly with the prime minister there benjamin netanyahu how to handle the threat from iran's nuclear program. folks at the macy's thanksgiving day parade spotted something strange. turns out some of the confetti was actually secret police files. coming up, how social security numbers and info on undercover cops and even governor mitt romney's motorcade ended unraining down ended up raining down on the crowds. second time in just days that a bird strike sparked a mid-air emergency. that's coming up as fox reports live tonight. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign the
. but this time they want morsy to go. more than half the voters elected him president months ago. the president is setting himself up as a god. he decreed that any decision or laws he makes cannot be appealed stopped or over turned until a new constitution in parliament are approved next spring. he told arally that his ruling will rule out weasels that are blocking democratic reform. it doesn't worry me i have opponents i have reserved rights for my brothers in the opposition so they can hold a revolution if they must. a far cry from a few days ago when the obama administration praised the egyptian president for helping a cease fire between israel and hamas. what happens in egypt will have consequences beyond its borders. it continues to mediate israel's cease fire in hamas. what will happen to the truce? >> a natural gas explosion destroyed two buildings in massachusetts. the blast sent bricks and glass flying through springfield about 90 miles west of boston. the blast was so loud it was heard from miles around. >> i jumped. i could feel the garbage cans move next to me. i new where it came f
now. he announce ed will not run in general elections in january. but he says he will stay in his current job until after a new government is formed following the january elections. in the past, he served as prime minister between 1999 and 2001. >>> 7:19. leland yee says he will run for the secretary of state position. the "chronicle -- the" control inicle reports he will run -- the "chronicle" reports that he will run when his office is up. >>> the drakes bay decision is seeking a ten-year lease extension. environmentalists say the farm threatens native species. but some say park officials have misrepresented the impact on of the -- of the farm on the environment. >>> a 14-year-old vallejo teenager accused of kidnapping and sexually assaulting a 65- year-old woman will be back in court. prosecutors say the 14-year-old kidnapped a woman at gunpoint a week and a half ago, then assaulted her. he's charged with ten felonies including torture and attempted murder. >>> a san francisco sheriff's deputy accused of robbing a bank is due in court this afternoon. the 36-year-old was arreste
the qe-3 sell-off, the sell-off after the election. we've gotten half of that back. s? an opportunity, if you were freaking out last week, going my gosh, i don't want to be long, i don't want to be invested going into the end of the year, you're now getting the opportunity. so investors at home. if you feel yourself just as you said, getting filled with hope, i hope this continues, i hope this rally goes on, that's not sound investing. this is an opportunity to take some things off the table. the turkey gods are smiling on you. >> what would you take off the table? i think the tide is going to rise all boats or sink all ships. so, yeah, if you've got longer term gains and want to capitalize on that tax advantage now, that's fine. if you stay invested in this environment, you're betting on congress. i mean, you're not betting on the market, you're betting on congress. and they don't have a very good track record here, so i think from now until the end of the year -- >> i don't know, i think they have a track record of exploring all the other possibilities and finally doing the right th
programs. >>> e elected officials including the governor and all the legislatures are getting their pay cut by 5%. for example, pay for the attorney general palilia harris is being cut to $143,000. that's a hundred thousand less than her replacement. but people don't run for office for the money. >> they're doing it because of a variety of factors, including the pursuit of power, the ambition to go to higher places and also of course hopefully public service that they want to give back to their community. >> the california citizens compensation commission ordered the pay cuts and they cut per diem pay by 18%. >>> carbon monoxide sent more than a dozen people to the hospital in san francisco. the fire department was called to 1223 courtland street about last night over a carbon monoxide leak. there were 14 people at the home that were taken to the hospital. they're expected to be okay, but city officials and pg&e are still trying to figure out what caused the problem. >> when we arrived, we checked the residence with our air monitors and we found no sign of carbon monoxide. however, we check
plan has been on the mind of what investors. before the election we were down significantly below $1,700 but now that obama has four more years to try to figure out this mess and the fiscal click coming you are seeing something back in the gold market and we are $20 today which under normal circumstances would to excite me that much but trading around this area, possibly on the cusp of head over $1,800 in a short period of time. liz: what about silver contract? >>> silver on love. it has been heavily higher, it is a good level of support, the net level of resistance is $35 which could be obviously a blank like $1,800 in gold. the next couple weeks we will test it again and see how that plays out with the fiscal coin. cheryl: thank you, appreciate it. they were lined up around the block at the iconic macy's herald square. to take advantage of today's black friday deals. terry lundgren was there to help shoppers with any questions, big or small littoral year earlier, had a chance to talk about the impact of superstorm sandy on macy's bottom-line and a personal toll it took on his emplo
and bipartisan effort now that the election is over. melissa: so you think he's your only go here? >> well, yes, we think that his efforts could make a huge difference. we were awarded this back in march of 2010. president obama awarded this to virginia, and unfortunately after the vp bill in april, our sale was initially postponed. then it was eventually canceled. what we are trying to do is reinstate the sale. melissa: how much oil are we talking about here, what with the estimates? what would it mean for you? >> well, the estimates, which are actually 30 years old, they were done 30 years ago. estimating 3.3 billion barrels of oil and over 31 trillion cubic feet of gas off of virginia. typically, these estimates are overproduce when they are actually developed. we think there is a substantial amount out there, and according to estimates, 31,000 jobs could be created by exploring that area. we think it's good for the economy. it's good for tax revenue. it is something that the president could do. >> i have followed this industry for a long time. these estimates are very conservative, there is
up above 13,000 barely on the dow. europe taking stock of spanish elections over the weekend waiting to see if they can agree on the bailout for greece. we start with black friday shopping weekend. numbers look out as we kick off cyber-monday. which retailers crushed it and which ones were crushed? >>> if you were keeping track, the dow added 421 points last week and bulls argue it could add even more if european leaders settle this dispute over greek aid. we'll discuss the potential impact as they meet in brussels right now. >> a big day for analyst upgrades. research in motion, facebook, yahoo! we'll go over those and see why citi needs three analysts to initiate coverage of apple. we'll begin with retail sales picture from this past weekend. 139 million consumers shopped during black friday weekend. that's up from 132 million last year. total spending up to 59.1 billion to 54.4 a year ago. average holiday shopper spending $434 over the weekend. sales on black friday fell 1.8% from the same day a year ago setting the stage for today known as cyber-monday. american shoppers will spe
-off after the elections. we had sandy to deal with also. this has taken our mind off that which is a nice change of pace for the people on the east coast. so the holiday season gives us something to cheer about. the markets have done their part this week. >> how are we setting up for next week given that next week is going to be a full trading session for one but as i mentioned, washington gets back to business hopefully and maybe gets some work done. >> is it back to business? are we going to expect anything out of them? down here it doesn't seem like we are. i don't want to say that we've lost hope but the fiscal cliff, we don't think it will happen, we really don't. i don't expect anything out of washington. i would look more toward overseas and what they're seeing. things are going to keep falling. >> what matters more to the markets, spain or the fiscal cliff? >> the fiscal cliff is so quiet this week. i'm going to say spain. a bigger linchpin short-term going into next week. >> matt, thank you for stopping by. a special black friday treat for you. sears and kmart president one of th
and the shareholders who elect these individuals allow companies to move assets to the highest form? john malone constantly spins off things shuffling paper. looking to not only grow intrinsic value, but allowing it to surface. if you just bought a basket of securities that dr. malone had over the years, you'd have compounded assets at about a 15% the last 20 to 30 years. buffett does something else, buys and holds. irene rosenfeld, i said she's going to buy cadbury, she took it, put it into a package, spun off kraft. mondelez is a fantastic asset. another example, hillshire, sarah lee, we talked about that spinning off. look at the pieces. what are the elements that are worth? hillshire is a company 120 million shares, the stock's around $25, $3 billion market cap, basically the company sells protein for breakfast, jimmy dean sausages, the sausage category, how big is it? >> might be a little fat -- >> lunch meat. joe -- >> well, it's sausage. i want it. i eat it, i want it. i'm telling you it's not all protein. this is good. >> hot dogs, joe. >> just sort of in a trance. it's sort of a relief,
from left on the president to hold the line. he won the election, he told labor leaders last week, prior to meetings on friday, with capitol hill leaders he was going to hold the line. the white house's taking a tough tact here. >> congressman ellison suggests that is not enough on politics nation last night. let's take a listen. >> all of those guys who signed pledges for grover norquist, they're still around. i think the tea party was somewhat of a fleeting moment. here one day, gone the next. but those entrenched interests that always want to push more and more of the cost of running society on the people who can least afford it, they haven't gone anywhere. i think it's a good time to start thinking about some protests and some folks calling for a fair deal for the american people. >> steve, do you think this is something that's going to inspire people to make their voices heard like the tea party, there on the other side? i don't know about here today, gone the next? do you think they're really gone or they're here? >> they're absolutely here. they're a major force. if the tea
13,000 today. that was seen as election day, and the s&p 500 laws also up and the nasdaq also did well. climbing 40 points. pretty good on the market today on the short day of trading. >> black friday causing a big boost for retailers. many people are shopping on the go. and mark, you are with ibm, thank you. how to gather this information? >> with a cloud police analytics platform but also aggregate online sales for 500 retailers. to provide trends in black friday. >> certainly, you can service those people better and how would you describe what is going on? >> i would say that things giving cells on my more up, obviously as more and more people are shopping on thanksgiving and a black friday a lot of activity. up 22.9% from last year >> this is a new thing called shopping on the go and multi-screen. >> the big is mobile shopping. on my iphone, ipad, and the smart phone. . people are not sitting at home anymore. >> a little bit of both, coach commerce, if you will. but now, people are on their goal. with also home, on a couch commerce-- >> and cyber monday is that still relevant?
at risk if after the election in november iran goes after the iran. >> i am tad skeptical of hillary clinton's role. if it is a pitcher goes 7 knowings and shut down work and closer comes in and gets one run of support and gets credit for the win. is she getting too much credit for something must have been hammered before she arrived there? >> it was largely hammered out before she arrived. it may be president obama who gets more credit here. i think he pressured both egyptian morsi and israeli netanyahu to come to this deal. because i think he was afraid that the conflict would expand and that is where netanyahu gets political advantage. he has to recognize militarily it is fot a good out come for israel and he doesn't believe it will last. but he will say to president obama, when you wanted a cease fire i agreed to it that gives him chips visa vito the president down the road. and egypt stopping the smuggling of arm to hamas. happy thanksgiving to you, sir. >> coming up next, top economic turkeys of the year. lauren is on deck from the box business net work. companies that made the
will pay the price politically. remember, he's up for re-election in late january. that's certainly something that he's going to have to be well aware of. people here are no happy with the cease-fire. their not happy with the way this military operation was conducted. they're not happy that this military operation ended so quickly. and if, in fact, the cease-fire doesn't hold. if, in fact, the status quo from before comes back again, then certainly that is something that could damage president obama -- prime minister netanyahu politically here in this country. it's certainly something where the people are somewhat skeptical about whether or not he made the right move. >> all right. our fred pleitgen, live for us in ashkelon, israel. fred, thank you. >>> five minutes here past the hour. susan rice now publicly defending the comments she made in the aftermath of the september 11th terrorist attack in benghazi on the u.s. consulate there. rice initially suggested the attack was sparked by protests over that anti-muslim film. well, now the u.s. ambassador to the u.n. is insisting that s
up 172 points closing at 13,009, the first close over 13,000 since election day. the nasdaq finished the day up 40. >>> wall street might be getting black friday boost but the national retail federation estimates sales in november and december will be down slightly compared to last year. cbs 5 reporter cate caugiran caught up with shoppers in livermore eager to prove that prediction wrong. >> reporter: it's the day of deals. >> i got some sweaters and i got scarves and i got a lot of shirts. >> christmas shopping already. >> reporter: do you feel like it was a successful day? >> absolutely. saved over $200. >> reporter: holiday shopping is in full swing and some bargain seekers at the paragon outlet mall traded last night's thanksgiving dessert for discounts. >> you save once a year. >> reporter: the outlet opened at 10 p.m. last night. assistant general manager dave ackerman says it was a zoo of people. >> people were just so excited to be here. we saw so many people here right from opening at 10:00 really into 2, 3 a.m. >> reporter: but as daylight hit the first round of shoppers
and that is what we did. there is an election coming up in israel. netanyahu looked like he would achieve reelection there anyway. but internally israel, and abroad in his relationship with the white house what has prime minister benjamin netanyahu achieved? >> well, relations are a little bit warmer, at least for now, i think, between the white house and the israeli prime minister. president obama and netanyahu have not gotten along. that's been well documented. but the united states is now reaching out going to help israel in a new way. so that does strengthen bibi netanyahu's long-term position, as well. >> final question the other actor in the region we've been talking about all of them is egypt, of course. the u.s. has really fallen all over itself thanking egypt for its role in achieving a cease-fire here. but over the last 24 hours, something fascinating happened in egypt. the leader there mohamed morsi game himself immunity from any kind of legal challenge until there is a new constitution in that country. some people say that essentially lines him up to be a dictator. >> well he
election and karzai most likely will be replaced by another president because constitutionally he cannot stay on. >>shepard: thank you, jennifer. in case you were not fully aware the casey anthony trial was a complete debacle now we have proof. a bombshell discovery that may have meant a very different outcome in the case. investigators say someone in the casey anthony household did indeed google "foolproof suffocation method." foolproof. the very day the 2-year-old casey anthony disappeared, fool roof suffocation. cops overlooked that piece of evidence. they just didn't notice it on the computer. they cannot say for sure who was using the computer at the time we they say they logged on to her myspace page. first they search for "suffocate fully" and then they logged on to her my space page. she was acquitted last year and the dense team argued they helped her father cover up the drowning death in the pool and casey anthony has been living in hiding since. and phil keating covered this disgusting affair and officials in florida which is the orlando metropolitan area say, well, we should
it after the election some of the comments he made. republicans running away from them. he's someone well known from the american people just coming out of a contentious presidential campaign. if he were to put his shoulder to the wheel and assist president obama in trying to move congress along and move some republicans and move democrats as well, that could be a constructive force. i don't know whether that is the end goal of this and whether or not in fact this is simply going to be a private healing session to be followed by some assignment later. if romney chooses to help with this endeavor, he could make some difference. not a huge amount but some. >> thank you for joining us for the latest. new developments on the insider trading investigation surrounding s.a.c. capital. the firm hold be an investor call just a short time ago. kate? >> the headline coming out of this s.a.c. phone call this morning with investors which lasted about a half an hour was that s.a.c. has been informed by the s.e.c. by a wells notice that it may as a parent company face civil charges in connection with th
says he is stepping down from the ranks. just weeks ahead of the general election. the former general and one-time prime minister said he will stay at his post until a new government is formed. those are your headlines. back to dagen and connell. dagen: online black friday sales topping a record. $1 billion. connell: we want to know about today. supposed to be this big day online. we have sent adam shapiro out there. >> 1.2 million square feet. they have 40 of these centers throughout the united states. this is the largest. we are on a 15 minute rate. they will come back at 11:30 a.m. they have been going 247. anybody who is selling online. at amazon.com, they will sell more than 200 items per second. last year it was 204 items per second. they expect revenue in the fourth quarter to be 16 to possibly 30% higher. i want to give you a quick shot of that area i am in. they take them out and put them in the yellow fins. they are said further down the line to the pickers. then they package it. then it is sent to your house. we will talk to an exeeutive about the numbers and billion dollar
, of course, about "twilight." but back to the other drama, the election, it may be over, too, but it did give us plenty to be thankful for. for instance, chairs, for their constant support, and for giving clint eastwood someone to talk to. >> my turn. >> also, a big thanks to "new york times" blogger nate silver for predicting the election using only math and science. >> any interest in a vegas trip, nate? >> a quick thank you to celia jimenez for restoring the church fresco of jesus, and for the painting you did of me earlier this year. on another note i must thank fook for all of your friend suggestions. you reached a billion users this year, am i'm pretty sure you suggested almost every single one of them. the tech world gave us the iphone 5 this year, so thank you, apple, for making me look trendy, even though thanks to the new apple maps i don't know where the heck i am, but maybe that's not because of the maps. >> jen, what time are you coming over for thanksgiving? >> i can't see you, dad. >> also grateful for face time for letting me keep in time with my parents, for the most part. >>
the best assessment of the events in benghazi to the american people. >>> less than a month after being re-elected, illinois congressman jesse jackson jr. is resigning his seat, citing health concerns. jackson, you'll recall, mysteriously disappeared from public view last june. it was later revealed he was being treated for bipolar disorder at the mayo clinic. jackson is also the subject of investigations by the fbi and house ethics committee for alleged misuse of campaign funds. >>> and millions of couches, perhaps yours, across the country today will be getting a bit of a workout. check it out. it's the nfl lineup, because you can't have your turkey without a little bit football. turkey day, triple header, kicking off. 12:30 eastern today with the detroit lions hosting the houston texans. then cowboys and redskins squaring off, 4:25 this afternoon, followed by a prime-time showdown, 8:20 tonight, right when you're on that second round of turkey, between the pats and the jets. >> i'll be watching reruns of "sex and the city" and then going to bed at 7:30. >>> people already lining up outside our
. is resigning after nearly 17 years in congress. he easily won re-election this month, despite his one-month-long hospitalization for bipolar disorder. he is also under investigation for possible misuse of campaign funds. in his resignation letter, jackson cited his health and acknowledged making mistakes. >>> and police in new york city believe they have captured a serial killer who had shopkeepers on-edge and was ready to kill again. this salesman carrying a beautiful bag murdered three brooklyn store owners since july. they say they found the murder weapon, a rifle, in that duffel bag. the victims were all middle eastern. but police have yet to discuss a motive. >>> new details about that explosion that tore apart a neighborhood in indianapolis this month, killing two people. authorities say at least 29 homes will have to be demolished. they're too damaged to be rebuilt. investigators believe the explosion was intentionally set and caused by natural gas. but they have not made any arrests yet. >>> and finally, someone out there could be in store for a very happy holiday season. appe
are already being considered contenders for the most prestiges award, an oscar. >> reporter: the election isn't until february, but lincoln's candidacy is already getting a lot of support in the race for best picture. >> lincoln is sensational and steven spielburg in many years, it looks like that's going to be a major contender. >> reporter: deadline.com is tracking all the early oscar favorites. >> we're looking at 1, 2, 3, 4, 5 pecking orders already. >> revolutionary going door to door. >> reporter: argo, i think, is really from the academy voters i've talked to loved that movie. >> also on the short list. >> life of pie, ang lee's movie. wonderful comedy drama. bradley cooper, jennifer, de niro, they could win. >> reporter: thinks oscar voters may double down on 007. >> now with sky fall, people are starting to talk about james bond being in the best picture race which i think is a good possibility of happening. >> reporter: if sky fall gets the best picture nod, it would be a first for the bond movie but the recognition may not end there. >> javier bardem is unbelievable in sky fall. al
a special election to fill the vacant seat. and in that letter, jackson added he prays to be remembered for what he did right. willie? >> kelly o'donnell in washington this morning, thank you and happy thanksgiving to you, kelly. >> to you, as well. >>> and now let's get a check of the rest of the morning's top stories. joining us over at the news desk is andrea. >> good morning to you all and happy thanksgiving. >>> we begin with deadly attacks in pakistan. a taliban suicide bomber struck a shiite muslim procession killing at least 23 people. more than 60 others were wounded. earlier wednesday, attacks in karachi left at least six people dead. >>> susan rice is defending her initial account on the attack in benghazi, libya, that left four americans dead. speaking at the united nations wednesday, rice said she was working off the best information she was given. >> when discussing the attacks against our facilities in benghazi, i relied solely and squarely on the information provided to me by the intelligence community. i made clear that the information was preliminary. >> rice considere
's new democratically elected leader. crowds protested at cairo's square, calling for president mohammed morsi. he says the courts cannot overrule his decisions, but protesters who helped overthrow the old regime led by mubarak warn egypt's new government hasn't chaingsd. >> this is a new era of dictatorship in egypt. this is not what the revolution was about. the revolution was about stripping the president from all of these unquestioned rights. >> morsi supporters say the move is temporary until a new constitution is implemented in a few months. they call it a necessary move to defeat holdovers from the mubarak regime. but opponents are now calling him a dictator. >>> iran is accusing the u.s. of trying to stir up trouble in the persian gulf. in letters to the u.n. secretary general and the security council, tehran claims american ships are carrying out, quote, illegal and provocative acts in the gulf and the sea of oman, ignoring radio warnings and flown into iran air space. so far, the white house has not commented about these allegations. >>> if congress and president obama do not a
up to the election -- let's shovel out more unemployment. i'm excited. woo! >> if the potential growth rate is 2.5 -- >> is this what we're looking at next month? have you already had the secret meeting? >> i wasn't on the call for that one. my point is that there was enough growth in the third quarter to bring down the unemployment rate. >> if that's the growth that makes you and the world happy, you'll be happy for ten years. >> when you have growth above potential it's sufficient to bring down the unemployment rate. maybe the decline of the unemployment rate was actually for real. >> i'm one of those people -- >> you're not going to convince me. >> i was one of those people skeptical about the last unemployment number that we saw. that makes this unemployment number so much more important as you say. if all those things line up and we're talking about some pretty big ifs, i'll be ready to buy the stock market if we get good gdp number and solid unemployment number, that hasn't happened yet. >> there's another way to quickly look at it. if you get that seven basis point jump o
organizations that have supported small business saturday, elected officials in all 50 states. the senate passed a unanimous resolution. how often does that happen in washington? >> that's right. >> and last year we had the president and his two daughters shopping at a local bookstore in washington so i think what's important is, this is not just about small business saturday. it's really the kickoff for the holiday season and a kickoff for support of small business saturd saturday. >> across the administration you're going to be seeing this again. many will be out shopping. many in my cabinet already have plans, and you probably have plans too. >> absolutely. i'll be out tomorrow, guys. thanks so much and appreciate what you're doing, ken chenault and karen mills. >> thank you. >> small business saturday and up next the late-night comics. and it was just like -- this was the car for me. [ ryan ] it has stuff that guys like, like the rims and the sleekness to the body. and, then, had the bluetooth and the navigation that diana really wanted. [ diana ] and it was an se, so it felt really grounded
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